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CNN
Jul 20, 2011 4:00pm PDT
in it that's pretty -- it's sort of outlined but not detailed in legislation and has a big, big dollar figure around it. so, sort of the big plan. passing that along with a debt ceiling as sort of a big theory option instead of this mcconnell/reid plan, but it's so vague, as you can tell, and nothing that i have as any sort of firm plan, just, like, something that's sort of out there in the ether, they just don't have a plan at this point, no one does, john. >> it sounds like, and some people at home are saying, my god, there they go into washington speak again. i'll try to simply phi it. they are trying to fit certain pieces together to get you to several trillion in deficit reduction and that seems to be where we are, a bunch ideas. i'll go over to the wall a little bit, because jess talks about the mcconnell plan, that would give the president the authority to raise the debt ceiling and maybe they would come up with a commission with spending cuts. that's one backup plan. another backup plan is the gang of six. and i want to bring up the gang of six yesterday we talked about that. they hav
CNN
Jul 17, 2011 5:00am PDT
the front door of a florida jail just hours ago, but where is she now? also, today, a big day for the women of the u.s. world cup soccer team. they may be the odds on favorite to win the world cup final today, but they are not the favorites. i am t. j. holmes. thank you for being with us today. let's start with the story that seems to have come to some kind of an end. this is casey anthony leaving jail 12 days after being found not guilty of killing her 2-year-old daughter. she walked out the front door, which was a surprise to many. anthony was found guilty of lying to police, and that got her a four--year-sentence, and you factor in time served and good behavior, and she's out. this comes three years and a day after she was first arrested on the disappearance of her daughter. david mattingly joins us. this was a surprise to many that she walked out the front door. >> reporter: that's right. there are a number of scenarios in mind, and they had several contingency plans at the jail depending what was going on at the time. as she walked out there were hundreds, very focal, and many holding
CNN
Jul 26, 2011 2:00am PDT
event, with family and friends. it could be weeks before we know how the 27-year-old died. her big comeback last month didn't go so well. hln's dr. drew said that she needed more time outside of the spotlight to get her life together. >> what they need to do is drop out and not worry about their job. if many months or years before they return to something like touring for a musical performance. >> okay, let's talk quickly about the suspect in the norway killings, anders behring breivik. he reportedly admitted that he carried out friday rampage. he claimed that the attacks were necessary to combat the colonization of norway. he said that his son must be mentally ill. >> translator: i'll never have more contact with him. in my darkest moments. whether than killing those kids, he should have taken his own life. >>> now i'm going to put a monster sum on the money on the screen and i'm going to use the viewer discretion line. because the figure is shock ingly big. $130 billion. roughly the gross domestic product of new zealand. it's the amount of u.s. businesses will spend this year dur
CNN
Jul 23, 2011 5:00am PDT
feeling. >> i can't wait to see you in new york. start that race together and give you a big hug at the finish line. >> sounds good. can't wait to see you. >> if you want to follow along with me or any members of the six-pack, logon to cnn.com/sanjay. thanks for being with us this morning. time now to get you back into the cnn newsroom for a check of our big stories. >>> this from the cnn center in atlanta, georgia, this is your saturday morning, k a.m. eastern time and i'm t.j. holmes. two developing stories. first the president summoning congressional leaders back to the white house for a saturday morning conference. this comes the day after the house speaker, john boehner walked out on debt talks. the president calling them right back. >>> also the developing story out of norway where at least 91 people have been killed in two separate attacks in norway. police there say these two attacks are, in fact, linked. still a developing story. we'll have the very latest for you live in just a moment. we need to begin in washington, d.c. with that looming deadline on the nation's debt.
CNN
Jul 20, 2011 2:00am PDT
it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. ♪ ♪ [ male announcer ] more people are leaving bmw, mercedes, and lexus for audi than ever before. ♪ experience the summer of audi event and get over 130 channels of siriusxm satellite radio for three months at no charge. aflac! oh, i've just got major medical... major medical. ...but it helps pay the doctors. pays the doctors, boyyy! [ quack ] oh yeah? what about your family? ♪ we added aflac, so we get cash! it's like our safety net... ♪ to help with the mortgage or whatever we need! so my family doesn't feel the pain too. ha! [ male announcer ] help protect your family at aflac.com. [ pigeons ] heyyy! hooo!!! shuttle launched into space. this week the shuttle era ends. the first reusable space program. the orbiter holds the crew and payload. the huge orange external tank holds fuel, and the two solid rocket boosters, those things
CNN
Jul 14, 2011 3:00am PDT
shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hotel bids to find where you n save up to 60% on hotels. * we'll even email you other people's winning bids, so you'll know what price to name. *á with new hotel bid alerts, from priceline. >>> welcome backing to "american morning." all enemies of india possible suspect this morning after three bomb blasts rocked the country's largest city during rush hour yesterday. 18 people were killed. that's down from 21. and now yesterday, 131 are wounded. officials say these attacks were coordinated by terrorists. but there have been no arrests. india is denying that they were -- missed any warning signs. >> the fac
CNN
Jul 13, 2011 2:00am PDT
? >> they are being called to testify in parliament. the big story today is that the political parties are all going to get together, go to parliament and they're all agreed to support a motion that rupert murdoch, his bid to acquire bskyb, the cable operator here, should not go through. that is really rare, ali. it's not legally binding. who knows if he'll care or take notice. the other big story making news here is that the senate commerce committee chairman jay rockefeller is calling for an investigation saying, look, if "news of the world" was hacking u.s. citizens and 9/11 victims. he says this should be taken seriously and there should be an investigation. the big topic on that is how much is it going to affect rupert murdoch's empire in the u.s. as well? >> costing a lot of money in the stock. cost the stock about 14%, more than $7 billion since this really thickened about a week ago. let's talk about this former survivor producer facing expedition to mexico on a charge he murdered his wife. >> right. a judge basically said there was enough evidence to send him back to mexico to face trial, r
CNN
Jul 16, 2011 5:00am PDT
. the big mistaking that had people thinking they had gotten the bargain of the year. >>> but first, here are your options. resign or be fired. that is the ultimatum that was just given to nearly 200 educators tied to one of the largest school cheating scandals in u.s. history. it was just over a week ago, a state investigation revealed 178 teachers, including 38 principals, woulding at 44 schools cheated for students on standardized tests in atlanta. on monday, interim superintendent erroll davis replaced four superintendents and one principal in the atlanta public school scandal. now a letter has been sent to the 178 teachers, principals and administrators who were on the state investigative report as either confessing to or being implicated in the cheating. davis has ordered that educators resign by next wednesday or they will face termination. he says the culture inside the school district has to change. >> people failed children, they cheated. and we can't allow that to happen and we can't allow anyone who was involved with that to remain in our system. >> now, staff replacement may
CNN
Jul 17, 2011 12:00pm PDT
of doing something big to change america's unsustainable economic path. what do you think? do that you think that opportunity is lost? >> well, a week is a long time in politics. it can be a lifetime, as you know. i think the big deal, the grand deal, the grand bargain of $4 trillion over four years is dead, it's gone. i think the chances of getting a deal at 2.5 are 2. the middle double deal, very unlikely, because the president does not want to go that high without tax increases and republicans are not going to do it. here's the question that is coming out. and that s. the house republicans are now pushing a very, very tough deal through the house. the -- over on the senate side, the republicans are working to get a version of the mcconnell plan. and the president will accept that as he said in his news conference on friday. but whether the house republicans would accept that or not, it's a big, big question. it seems to me that's the lead horse. that's the lead solution, a version of the mcconnell plan, with throwing in the spending which i think would be a good idea which leaves $1
CNN
Jul 30, 2011 5:00am PDT
to the european style of big government, that his policies have set in motion. to democrats in washington, the answer isn't to cut spending, but to raise taxes and keep on spending. republicans believe we must solve our debt crisis. and we believe we can solve it if democrats will work with us. >> all right. we do have our correspondents up early this morning. athena jones at the white house for us this morning, also our joe johns, keeping an eye on capitol hill. joe, let me start with you, forget all the symbolic votes, the one we saw yesterday could see another one today this early afternoon. forget that stuff. what is a real possibility of happening right now? how are they going to get this done? >> okay. first, you got to say, this is a poisonous environment on capitol hill and in washington in general, but the way the democrats have been able to do this before is they've reached out to a group of potentially persuadable senators in the middle. these would be people who can sort of move in, take a look at this thing, try to fashion some kind of language that you might call a compromis
CNN
Jul 20, 2011 6:00am PDT
. we saw this yesterday ahead of the briefing. pushing support for this gang of six plan and it's a big one, kiran. that would include $500 billion in immediate cuts and there would be tax increases approximately to the tune of $1 trillion and it would tackle intij entitlement reform. you're saying doesn't it sound like the grand bargain that president obama was pursuing with speak boehner and was a no-go on the impasse on tax increases? exactly right. this is a big plan and there is something in this plan, i think, for everyone to hate. for republicans insisting no tax increases even on the wealthy and for democrats who are very concerned about medicare cuts, even though the program solvency is threatened. >> brianna keilar, we are watching every single second of this debt deal of the negotiations. we will be talking a lot more in the next couple of hours, next couple of days. >>> minnesota congresswoman michele bachmann getting more attention on the campaign trail. another poll showing she is making inroads with gop voters? >> reporter: she sure is what the polls indicate. yesterday s
CNN
Jul 11, 2011 4:00pm PDT
that and in exchange for some minor tweaking of medicare, but nothing that really gives the republicans too big a win on that issue. and they would also argue, to gloria's point earlier, that you actually need this. this is not just a win for democrats, you need it because you need democratic votes to get this through because you're going to lose so many republicans who simply won't vote to extend the debt ceiling under any circumstances. so that's the calculus if you went with the middle deal, there would be an entirely different math for a tax reform package if you went with that larger deal that's more in the $4 trillion range. >> the irony here to me is that a larger deal would in many ways be easier to cut because it's so obvious what you would have to do. if you do a smaller deal, then you have to have eric cantor lay out by piece by piece by piece, cut by cut, by cut, what he would do if you don't have the revenue side of it. >> but to get the bigger deal, you need trust that they would actually then do comprehensive tax reform, rewrite the code so the republicans would make the case we didn't
CNN
Jul 13, 2011 3:00am PDT
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
CNN
Jul 23, 2011 1:00pm PDT
is going to stick around. >>> and for anyone who's wanting to know what's the next big thing in popular culture? we'll bring you the most exciting event of the year. every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. personal pricing now on brakes. tell us what you want to pay. we do our best to make that work. deal! my money. my choice. my meineke. >>> goats are now roaming and grazing in idaho, the city hired the goats to eat noxious weeds in a 680-acre reserves. the weeds choke out the native plants if left alone. the goats are expected to kbraz for about a week. >>> all right, well it's a good thing they have those weeds because in many other parts of the country, there's drought and though everything, all kinds of vegetation, crops, et cetera, are dying. >> it is actually the extremely serious situation especially across the state of t
CNN
Jul 26, 2011 8:00am PDT
is your chance to talk back on one of the big stories of the day. today's question is what would you tell congress to do about the debt limit? carol costello is joining us from washington. carol, i bet you're going to get a lot of folks weighing in on this one. >> i urge all of our facebook friends to keep it clean. that's my only request today. what is happening in washington is political gamesmanship at its worse. it's ugly and more than a little scary. the united states has never gone into default because past administrations and lawmakers have compromised. cnn contributor john avalon says lawmakers have raised the debt ceiling 77 times including 8 tooils times under ronald reagan and back in the day politicians weren't quite so macho. many insist on standing on principal even though most americans stand on the side of good old fashioned compromise. two-thirds of americans want the president and republicans to compromise, rather than stand up for their beliefs to get things done. wow. a break from part is anship. perhaps the happiest outcome of the president's speech last night was whe
CNN
Jul 12, 2011 2:00am PDT
than brussel sprouts or peas or a debt clock in new york needs two lines to show you how big our debt is. more on that through the course of the show. >>> julian assange, mr. wikileaks, the most famous whistle-blower on the planet, his court appeal begins in london. this has to do with sex accusations in sweden. assange denies them. he's tried to avoid extradition, that's what this appeal is all about. his lawyers are afraid if he gets extradited to sweden will extradite him to the united states on these leaking charges. >>> take a look at the surveillance video with me from bourbon street in the french quarter in new orleans. a guy in a black shirt and ball cap shooting right there on the street. you can see people scrambling out of the way. two bystanders got hit and survived. police hope the video leads them to the gunman. another shooting 24 hours earlier a police officer was shot and killed. sorry a police officer shot and killed an armed man who had been scuffling with bouncers at a club. >>> it looks like a new weapons reporting plan is going to happen, it would require gun dea
CNN
Jul 27, 2011 2:00am PDT
us the big picture. >> reporter: what's happening now is democrats are waiting. they're just waiting to see what happens with the republican's bill before making their own move in the senate. the big picture here is neither the republican's bill in the house nor the democrats' bill in the senate seems to have the votes to get through both houses of congress. so we're back at stalemate. >> and so it's wednesday and there's no deal. the ted line is tuesday of next week. if congress can't get it done by then, you could start to see higher interest rates, a declining dollar and other problems. the white house website has put up a chart that breaks down the u.s. debt by administration over the last ten years. i was just looking at it. more than $3.5 trillion because of changes to the economy, not policy changes, but less tax income and things like that. the two wars, tax cuts, t.a.r.p., the so-called bank bailout, the stimulus is all listed there. worth checking out if you have some time. don't worry, it's safe for work. we do love our charts. >>> a federal granld jury in alabama indicted
CNN
Jul 19, 2011 2:00am PDT
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CNN
Jul 19, 2011 4:00pm PDT
tennessee. can they sell it to the house republicans? >> that's a big question. i think what we saw today both from president obama and someone like lamar alexander is this isolation that going on of the house republicans, saying, look, the gang of six got a deal, that's why president obama went out this to say it. mitch mcconnell's got a backup plan. john boehner and i were kind of working together and, well, who's out of that picture? the house republicans. and the polls are increasingly showing that the house republican point of view is not popular with the american public. i mean, there's a "washington post" out -- poll out tonight that says that more than three-quarters of americans see the republican leadership as being too resistant. >> however, however, let's listen as we go back to kate bolduan on the hill, the democrats are reading the polls. the democratic leadership going to the floor essentially saying, republicans, why are you wasting our time? >> the public has had it with this theater of the absurd that's going on. they want congress to come together as our president has s
CNN
Jul 24, 2011 5:00am PDT
start that race together and give you a big hug at the finish line. >> sounds good. can't wait to see you. >> if you want to follow along with me or any members of the six-pack, logon to cnn.com/sanjay. thanks for being with us this morning. time now to get you back into the cnn newsroom for a check of of our top stories in the news right now. >>> good morning. same-sex couples are lining up in new york city right now. this is the day they have been waiting for for years. this is the day they can legally get married. the ceremonies start in a half hour in the city clerk offices around the city and our councilmember rauz are there. >>> also, an autopsy is planned soon for singer, amy winehouse. a tragic story. the grammy-winning talent found dead. >>> also, another new deadline set for the debt talks. house speaker, john boehner, says it's time to get this done, in a manner of hours before the asian markets open. >>> hello to you all. i am t. j. holmes. today is the day where many can wave the 24-hour standard waiting period so they can get married right away. many are starting
CNN
Jul 16, 2011 6:30am PDT
's megamillions. >> the odds of you standing there with the big check are just north of zero. so, why do we buy a ticket? >> are you ready. >> scott hotel is part of duke university's neuroeconomics team, exploring among other things why smart people make foolish decisions with their money. >> people don't buy a lottery ticket just because they have a chance of winning. they will buy a ticket because over the next couple days it allows them to fantasize what they would do if they won the lottery. in a sense they're paying for that experience rather than a chance for the lottery itself. >> it's not just the lottery. nathan zweig know is firsthand and put his brain to the test with scott's team at duke. >> it's a combination of neuroscience and economics basically using the tools of scanning and other measurement technology that neuroscientists have used for years to study how the human brain evaluates risk and reward over time, which is what investing is all about. >> reporter: from investing to buying a home, to why and how often we go on a spending spree. what researchers are learning is that
CNN
Jul 26, 2011 4:00pm PDT
said it was going to -- said it was going to. here's why it's such a big problem. because of speaker boehner, he said there's one major principle, you'll remember, jessica, as they moved forward to raise the debt ceiling, that the amount of the cuts be greater than the amount they raised the debt ceiling. and in this legislation right now is called for raising the debt ceiling by $900 billion, $850 billion, is less than $900 billion, so know that's a problem. policy aides are scrambling to try to rewrite the legislation to make their way forward. we know they're aiming for a vote tomorrow, but we don't know if they can promise it quite yet. we got a speaker from speaker boehner's spokesman, this coming from michael steele, in response, in reaction to the cbo, michael steele said we're here to change washington, no more spoke and mirrors or phantom cuts. we promised we'd cut more than the debt ceiling. as we speak, congressional, are looking at options to rewrite the legislation to meet our pledge. this is what can happen when you have an actual plan and submit all it really seemed to
CNN
Jul 28, 2011 1:00am PDT
on this situation, ramy. apart from the debt situation, there are big earnings numbers out, nina. >> there are indeed. let's turn our attention away from debt towards ek wiltquitie. siemens, its profit almost halved dropping to $1.1 billion in total for the quarter and falling short of analyst expectations. its earnings slide is due to one of charges and it remains confident that its profit to the earned of september will exceed $10.8 billion. with more on those figures and what the future might hold for siemens, let's go to its ceo. thank you for coming on "world business today" today, mr mr. lucia. why did your expectations come in disappointing the market? why was it? >> we basically have one of charges and a very important one was in the -- with a very highly innovative pioneering technology for cancer and the technology is feasible but commercially not ready. so this is a classic case where you work on a high-tech innovation project and you realize that it's not yet prime time. >> when will it be prime time? you're talking about a therapy treatment for cancers. but won't the
CNN
Jul 31, 2011 5:00am PDT
's hard to measure, but i think you are right to worry, because it could happen and be a big thing. >> just how big is the mystery since the highest rating downgraded would be unprecedented. it could cost the u.s. government $100 billion in extra borrowing costs over the term. consumers would also pay. >> we will get back to that in a moment. we wanted to bring you breaking developments. the verdict in the spying trial of two americans that have been held for two years now, you will remember the story. three hikers were arrested two years ago, and iran said they were illegally crossed into iran, and charged them with spying. and one was released and two remained in prison, and they had their day in court in tehran. and now we are told there has been a verdict, but do we know what it is yet? >> reporter: we do not know what the verdict is, but the court had the last session and within one week they will issue the verdict, and according to the attorney for the two that i just talked to, if the verdict is guilty but the sentence is about two years, which is the same time they have ser
CNN
Jul 14, 2011 4:00pm PDT
decisions. >> is that right? is the endgame here just another decision to push big problems down the road? let's begin there with fareed zakaria. you would think the possibility that the united states would default on its obligations for the first time in history you would think would bring a grown-up conversation to washington, it would be that. but? >> it's truly bizarre, john, because what it seems that republicans are not focussing on is the fact that were the united states to default, were there to be a danger it would default, america's interests costs would go up dramatically. if we were to, say, have a 1% rise in our borrowing costs, that markets got scared that we were not going to make good on our payments and our borrowing costs went up 1%, that's $150 billion more that we have to spend every year on our interest payments on our debt. and this is very important. if we do this for a week or two and still resolve things once markets get scared, it takes a long time for those interest rates to come down. just look at any case in history where there has been a default. once you hav
CNN
Jul 16, 2011 3:00pm PDT
and his journalists. most of those calls are from democrats. murdoch is a big banger of republicans. if more momentum build into probes in the united states or even congressional hearings, there are cautionary tales for lawmakers. reports that the tabloids sometimes turn the tables on those who investigate them. most of those accounts date well to well before this scandal blew up in the media in recent weeks. the watchdog group tells us when british parliamentarians looks into the press a couple years ago he heard of allegations she were discouraged from repeatedly inviting rebekah brooks, one of the top execs, to testify. >> the allegation was, they were told, members of that select committee were told, do not invite her again. do not press this, do not push it, because if you do, you'll regret it, and that was made very clear to them. >> reporter: contacted by cnn, no comment on that allegation. are you concerned they might hit back at you and dig into your personal life or whatever? >> i'm not worried about my personal life nor am i worried about my next term. i've been here 27 y
CNN
Jul 27, 2011 3:00am PDT
against dominique strauss-kahn. cnn has learned there is a big meeting this morning at the manhattan d.a.'s office. are the charges against the former imf chief about to be thrown out? >>> and the media demanding to know the identity of every juror in the casey anthony trial. the judge has to comply. why don't we have the names? >> can we get help here? how the guy got stuck head first in a sewer. 14 minutes past the hour. [ male announcer ] you have dreams for your children. don't let times like these stand in the way of them. protect your family with the gift of financial security. backed by the highest possible ratings for financial strength. new york life. the company you keep. backed by the highest possible ratings for financial strength. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. like new splenda® essentials™ no calorie sweeteners. this bowl of strawberries is l
CNN
Jul 12, 2011 3:00am PDT
targeted, it's basically not a big deal, now he's realized what a catastrophic error of judgment that was because the woman that's replaced him on this inquiry, sue acres, is saying up to 4,000 people could have been targeted by the newspapers. >> what about the implications that this is not just the now defunct "news of the world," but other papers? >> yeah. i think this is really significant and really bad news for news international. it's no longer just confined to "news of the world," the paper that they closed down, realizing it had become toxic as a brand. it's now spread to "the sun" and "sunday times." both so far have not been shown to have used phone hacking, but they have been shown to use what, at best, slightly underhand techniques, at worst illegal activities to get information. "the sun" is maintaining it got the medical records without breaking the law. "the sunday times" saying there was a legitimate public interest in looking into gordon brown's bank details and so on on a tip, but there was some sort of corruption there or something which was all proved to be u
CNN
Jul 24, 2011 7:00pm PDT
to the big stories in the week ahead to capitol to continue selltown. we begin tonight at the pentagon. >> i'm chris lawrence at the pentagon and coming up this week, new defense secretary leon panetta who we can't call new for much longer will welcome israeli defense minister ehud barak to the pentagon for some talks and the pentagon will also wrestle with how to implement the repeal of don't ask, don't tell. because of the defense of marriage act certain benefit, housing benefit also not be able to be give ton same-sex couples. that means some troops could get some benefits and other similar troops not getting them. something the pentagon will have a long time and lot of work to do to take care of. >> i'm paul steinhauser. chris christie is in iowa. he hasn't changed his mind about running for the president but there to speak about an education summit. but plenty of people will be in the state that votes first in the caucuses and primaries. michele bachmann, tim pawlenty and ran sanatorium all campaigned there. >> i'm poppy laharlow in new yo. reports from amazon, ford and caterpillar and
CNN
Jul 21, 2011 2:00am PDT
from new york. two big stories this morning, the final space shuttle landing and dozens of people here in the united states believed to be dead because of this incredible heat wave. >>> let's start with the shuttle. we are now less than one hour away from the final space shuttle landing. just in the last half-hour, we got a go for landing from nasa. the deorbit burn took place in the last couple of minutes. in the burn, the shuttle's engines are fired to help it slow down before it hits the atmosphere. in less than 30 minutes the shuttle and crew will start to feel the effects of the atmosphere. they'll be about 80 miles above the earth at that point. as the shuttle comes through the atmosphere, it heats up to about 5,000 degrees on the outside. when it breaks through the atmosphere, many of the folks in florida will hear those famous son iic booms. about five minutes before the landing, the commander will take manual control of the shuttle and pilot it to the grounds. when the orbiter hits the runway, it will be going 220 miles an hour. the shuttle will land for the last time ever at
CNN
Jul 13, 2011 7:00pm PDT
and taking on the big issues. and that he called on the group to take on this challenge and then called the meeting to an end. no matter how you read that, it's clearly an increase in tensions on day three of these debt negotiations with no sign of real progress with the clock ticking. and i do have it confirmed that this president really did say with my presidency at stake i will not yield on this issue. >> you know, there have been some reports and i think the "wall street journal" did an editorial about this suggesting this has all been kind of part of president obama's plan, that he's been very kind of calculating in the way he's gone about these talks, intimating or letting the republicans talk about spending cuts and then only later on really being aggressive and pressing for revenue razors, for tax increases down the road. how does the white house respond to that? is there any truth to that from the white house perspective? >> reporter: if this were part of a plan he'd have a deal by now. no president wants this kind of debt threat hanging over their head. he cannot benefit from
CNN
Jul 30, 2011 5:00pm PDT
lights and big cities. but what she found was the reality wasn't nearly as glamorous as she envisioned. when she couldn't pay the rent she found work with an escort agency. easy money paid bills but ultimately made her life harder. after only a short time as an escort her family says she had an arrest record and a drug habit. i've watched them. you guys are very close. were you close with shanon like that as well? >> yes, we were close. if one of us were missing my sister would do the same thing right now to try to find her. >> her family kept urging us to please search, to please take the dogs. it was about to get cold. >> reporter: when police finally took search dogs out to look for shanon gilbert a month after she disappeared they made a shocking discovery. >> missing persons unit called us out on saturday to follow up on an investigation on a missing person. i saw the skeletal remains of a body. >> reporter: over the next couple of days, police would find three more sets of remains. >>> coming up, the search for shannon and the chilling possibility that a serial killer is on the l
CNN
Jul 23, 2011 6:30am PDT
of think they just don't want to own a home for a long time. there's a big but there, which is at the same time, you know, owning a home is really a sign of financial stability. if you're able to do it. so, i don't think it's going to be as bad as, you know, the great depression evidence of people who just never invested in the stock market again. but hopefully people will be more responsible about that decision. >> we can only hope. jim carr, communities need the housing market to recover. state and local government, they are expected to shed more than 100,000 jobs in the third quarter. without those property tax revenues they can't fund operations. communities are facing an uphill battle if people can't buy homes, jim. >> right. you're absolutely right. the problem is not as if somehow things are leveling out. we're en route to another 2 million foreclosures and another 2 million in the pipeline on top of that. despite the good news that you talked about earlier at the top shot the reality of it is that more likelihood is that home prices will continue to slide through the end of this ye
CNN
Jul 29, 2011 4:00pm PDT
. but i don't think anyone should be surprised. and they won pretty big. the question is, where l they compromise going forward. i had two republicans saying they don't want to vote for anything in the end that doesn't want to have a pass the balanced budget. to get the debt ceiling, you have to pass a balanced budget. this is too important of an issue. >> they want to vote on an amendment. and we need to have that and give them an opportunity to vote on a balanced budget amendment. and the reid cut does not -- there is more of a commitment to spending in the near term and a path way to get a retitlement with triggers to force action to get addition@savings. those are two things that have to be in there. and it's going to be fortunate get republican spoort. >> one of the political arguments and the arguments for anyone at home f you get a deal in the end there is talk that the ratings agencies will downgrade the credit rating because it's to messy. i want you to listen to the president. if you have a conservative, you don't want taxes as part of the deal. if the credit rating gets
CNN
Jul 18, 2011 4:00pm PDT
't be a big deal. i'll give you a few seconds to look them in the eye and say, you're wrong. >> yeah, i think you're wrong. now, of course, i don't know for sure. this is unprecedented but there is a $23 billion social security payment due on august 3rd that is not at all clear that there will be enough cash in the treasury to make that payment. so i think david is right. why would you want to take that chance? tp doesn't make sense. not for the social security recipients or for the economy or entire global financial system. >> david walker, the president meets with speaker boehner over the weekend and they are clearly not making any tangible progress. the house will go forward this week and senate will most likely vote on a balanced budget amendment and some other things that simply, to be honest, can't pass or even if they did pass the president would veto. they will move to the mcconnell plan and convince the republicans that they have your vote. do those votes undermine confidence in the market in a deal that might be reached? >> well, i think the markets know that those are not going to
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